Latest / The Rest of the World Podcast / The Rest of the World Report | November 2, 2026 — Evening Edition

Transcript

The Rest of the World Report | November 2, 2026 — Evening Edition · The Rest of the World Podcast

• 0:00
  [music]
• 0:09
  SPEAKER_00: Good evening from Paris, I'm Rudy Martinez with The Rest of the World Report
• 0:12
  SPEAKER_00: for Monday evening, November 2nd.
• 0:16
  SPEAKER_00: Haley Stevens endorses a Republican.
• 0:19
  SPEAKER_00: Democratic Representative Haley Stevens endorsed Republican Mike Rogers
• 0:23
  SPEAKER_00: for Michigan's U.S. Senate seat on Sunday, two days before the midterms.
• 0:27
  SPEAKER_00: Stevens lost the Democratic primary in August to Abdul El-Sayed,
• 0:31
  SPEAKER_00: who could become the first Muslim elected to the U.S. Senate.
• 0:34
  SPEAKER_00: She appeared with Rogers after attending church with him in Detroit.
• 0:38
  SPEAKER_00: Stevens said, quote, I don't belong in Abdul's campaign.
• 0:42
  SPEAKER_00: Let's quote.
• 0:43
  SPEAKER_00: Stevens had said as recently as Wednesday that she still wanted El-Sayed to win.
• 0:47
  SPEAKER_00: Her fiancé, Jason Turkish, a Jewish Democrat and civil rights lawyer,
• 0:50
  SPEAKER_00: had already announced that he would vote for Rogers.
• 0:53
  SPEAKER_00: Turkish accused El-Sayed of anti-Semitism.
• 0:57
  SPEAKER_00: The break followed an advertisement from Rebellion PAC, an independent group backing El-Sayed.
• 1:02
  SPEAKER_00: The ad links U.S. military aid to Israel to the cost of living.
• 1:05
  SPEAKER_00: It shows a couple putting back a carton of eggs to save money for what
• 1:08
  SPEAKER_00: the ad calls killing Palestinians.
• 1:11
  SPEAKER_00: Stevens called the ad anti-Semitic and demanded that El-Sayed condemn it.
• 1:15
  SPEAKER_00: She also said he made similar arguments when he suggested that money spent
• 1:18
  SPEAKER_00: on Israel could go to schools, healthcare, and childcare.
• 1:22
  SPEAKER_00: It does, just not for the United States.
• 1:26
  SPEAKER_00: El-Sayed said the campaign did not produce the ad, and he disagreed with its message.
• 1:30
  SPEAKER_00: He said Stevens was trying to re-litigate the primary.
• 1:33
  SPEAKER_00: Stevens also criticized his association with the streamer Hassan Piker, whose uncle,
• 1:38
  SPEAKER_00: Sank Uyghur, founded the PAC.
• 1:41
  SPEAKER_00: On Sunday, Stevens and El-Sayed were supposed to attend a church service together
• 1:44
  SPEAKER_00: in a show of unity.
• 1:46
  SPEAKER_00: Stevens was uninvited.
• 1:47
  SPEAKER_00: Debbie Dingell, who helped organize the event,
• 1:50
  SPEAKER_00: said she was the one who asked Stevens not to attend.
• 1:53
  SPEAKER_00: Senate Democratic leader Chuck Schumer called the endorsement a despicable betrayal.
• 1:57
  SPEAKER_00: Justin German, Stevens' longtime chief of staff, resigned in protest.
• 2:02
  SPEAKER_00: Several other staff members also resigned.
• 2:05
  SPEAKER_00: Trump, speaking at an Iowa rally on Sunday,
• 2:07
  SPEAKER_00: invited Stevens to join the Republican Party and repeated a false claim
• 2:11
  SPEAKER_00: that El-Sayed is a jihadist.
• 2:13
  SPEAKER_00: Early voting began October 24th.
• 2:15
  SPEAKER_00: A poll partly conducted Sunday has El-Sayed ahead of Rogers 53-42.
• 2:20
  SPEAKER_00: El-Sayed's campaign said it raised $1.2 million in four hours after the endorsement.
• 2:27
  SPEAKER_00: Translator's note.
• 2:28
  SPEAKER_00: Outside the United States, the endorsement is read as a fight over where criticism
• 2:32
  SPEAKER_00: of Israel ends and anti-Semitism begins, with a Michigan Senate seat as the setting.
• 2:37
  SPEAKER_00: Al Jazeera's headlines ask why Stevens endorsed a Republican,
• 2:40
  SPEAKER_00: and its answer starts with the ad that tied U.S.
• 2:42
  SPEAKER_00: military aid to Israel to Americans' costs of living.
• 2:46
  SPEAKER_00: It reports Stevens calling the ad anti-Semitic.
• 2:48
  SPEAKER_00: Then El-Sayed's reply that he disagreed with its message
• 2:51
  SPEAKER_00: and that she's relitigating their primary.
• 2:53
  SPEAKER_00: The Jewish Chronicle, writing from Britain, starts from the other end.
• 2:57
  SPEAKER_00: Its headline puts the cause as El-Sayed's stance on Israel and anti-Semitism.
• 3:01
  SPEAKER_00: French 24 carrying the Reuters report frames a shock
• 3:04
  SPEAKER_00: to the Democratic Party two days before the midterms.
• 3:07
  SPEAKER_00: It sets Trump's reaction and the poll beside it.
• 3:10
  SPEAKER_00: Two readers abroad put Israel at the center and differ on where the break began,
• 3:14
  SPEAKER_00: with the ad in one and El-Sayed's stance in the other.
• 3:17
  SPEAKER_00: Only the Wire report treats it first as a Senate race.
• 3:20
  SPEAKER_00: Early voting began October 24th,
• 3:22
  SPEAKER_00: so Tuesday's count is the first measure of whether it moves votes.
• 3:27
  SPEAKER_00: What American readers need to know.
• 3:28
  SPEAKER_00: Haley Stevens, who lost Michigan's Democratic Senate primary in August,
• 3:32
  SPEAKER_00: endorsed Republican Mike Rogers over her party's nominee, Abdul El-Sayed.
• 3:36
  SPEAKER_00: She says she acted after El-Sayed did not condemn an outside group's ad
• 3:40
  SPEAKER_00: on military aid to Israel.
• 3:42
  SPEAKER_00: El-Sayed said the ad was not his and that she's relitigating the primary.
• 3:46
  SPEAKER_00: Her chief of staff resigned, and a poll partly conducted Sunday has El-Sayed ahead 53-42.
• 3:53
  SPEAKER_00: Iran weighs two-day Hormuz plan.
• 3:56
  SPEAKER_00: Iran said on Monday it's considering a proposal to reopen the Strait of Hormuz
• 3:59
  SPEAKER_00: within two days if the United States meets its conditions.
• 4:03
  SPEAKER_00: Foreign Ministry spokesman Esmail Baghai said Iran had earlier proposed
• 4:07
  SPEAKER_00: a one-week time frame and is now considering two days.
• 4:10
  SPEAKER_00: He called the shorter timeline, quote,
• 4:11
  SPEAKER_00: another indication of Iran's good faith approach, close quote.
• 4:15
  SPEAKER_00: He said the exchange of messages through the mediators is still ongoing.
• 4:19
  SPEAKER_00: Foreign Minister Abbas Arakji told lawmakers that talks centered
• 4:22
  SPEAKER_00: on the two-day proposal provided Washington first meets Tehran's conditions.
• 4:27
  SPEAKER_00: Those include lifting sanctions and ending the U.S. naval blockade.
• 4:30
  SPEAKER_00: Arakji said Iranian and Qatari negotiators developed the proposal and, on Sunday,
• 4:35
  SPEAKER_00: he said discussions were continuing with no final conclusion.
• 4:38
  SPEAKER_00: Iranian negotiators left Doha on Sunday after three consecutive days
• 4:42
  SPEAKER_00: of consultations with Qatari mediators.
• 4:44
  SPEAKER_00: An official briefed on the talk said the delegation's departure was not due to difficulties.
• 4:49
  SPEAKER_00: Irakji has said that the Doha visit was not intended to include direct negotiations
• 4:53
  SPEAKER_00: with the American side.
• 4:54
  SPEAKER_00: Washington has not publicly responded.
• 4:57
  SPEAKER_00: The U.S. military says Hormuz is open. Trump has said the U.S.
• 5:00
  SPEAKER_00: will not launch new attacks on Iran before the November 3rd midterms
• 5:04
  SPEAKER_00: and has described discussions with Tehran as productive.
• 5:07
  SPEAKER_00: He has not ruled out military action afterwards.
• 5:10
  SPEAKER_00: On Sunday, he said, we're going to have to give them the hammer.
• 5:14
  SPEAKER_00: Ships keep coming under fire.
• 5:16
  SPEAKER_00: A Qatari liquefied natural gas tanker, the El Maida,
• 5:19
  SPEAKER_00: was struck by unidentified objects in the Persian Gulf on Friday evening,
• 5:22
  SPEAKER_00: according to the Qatar Gas Transport Company.
• 5:24
  SPEAKER_00: No one was hurt.
• 5:25
  SPEAKER_00: The UK Maritime Trade Operations Center reported that a vessel in the Strait
• 5:29
  SPEAKER_00: of Hormuz came under fire on Sunday.
• 5:31
  SPEAKER_00: It said a tanker was struck by two projectiles off Saudi Arabia on Monday.
• 5:36
  SPEAKER_00: Iran's Revolutionary Guard said two tankers hit naval mines on Sunday
• 5:39
  SPEAKER_00: while using unauthorized routes.
• 5:42
  SPEAKER_00: Arsenio Dominguez, head of the UN's International Maritime Organization,
• 5:46
  SPEAKER_00: says daily crossings of the strait fell from 135 before the war to 12
• 5:50
  SPEAKER_00: in late October.
• 5:52
  SPEAKER_00: He says more than 120 commercial vessels have been attacked since the war began
• 5:56
  SPEAKER_00: and at least 24 seafarers have been killed.
• 6:00
  SPEAKER_00: Translators note, outside the United States,
• 6:03
  SPEAKER_00: the road to the strait runs through Doha, not Washington.
• 6:06
  SPEAKER_00: Iranian and Qatari negotiators built the proposal
• 6:09
  SPEAKER_00: The Iranian delegation spent three days with Qatari mediators,
• 6:12
  SPEAKER_00: and Tehran says the ball is in the U.S. court.
• 6:15
  SPEAKER_00: That makes Qatar the carrier of messages between two governments
• 6:18
  SPEAKER_00: that are not negotiating face-to-face.
• 6:21
  SPEAKER_00: The accounts of the strait itself also differ. The U.S.
• 6:23
  SPEAKER_00: military says Hormuz is open,
• 6:25
  SPEAKER_00: while the U.N.'s maritime agency counts 12 crossings a day in late October
• 6:29
  SPEAKER_00: against 135 before the war.
• 6:32
  SPEAKER_00: No public text shows whether Washington has seen the text of the Iranian proposals.
• 6:37
  SPEAKER_00: Trump's pledge not to attack covers the days before the midterms, so a U.S.
• 6:41
  SPEAKER_00: answer through Qatar is the next fact that would matter.
• 6:45
  SPEAKER_00: What American readers need to know.
• 6:47
  SPEAKER_00: Iran says it's weighing a two-day plan to reopen the Strait of Hormuz.
• 6:51
  SPEAKER_00: It wants the U.S. to lift sanctions and end its naval blockade first,
• 6:54
  SPEAKER_00: and the talks run through the Qatari mediators.
• 6:57
  SPEAKER_00: Trump says the U.S. will not launch new attacks on Iran before Tuesday's midterms,
• 7:01
  SPEAKER_00: but he's not ruled out action afterwards.
• 7:04
  SPEAKER_00: No agreement has been announced and ships in the Gulf are still being hit.
• 7:10
  SPEAKER_00: Gaza killings continue.
• 7:12
  SPEAKER_00: Palestinian Ministry of Health says Israeli attacks killed 13 Palestinians in Gaza
• 7:16
  SPEAKER_00: over 48 hours and injured 38.
• 7:19
  SPEAKER_00: 11 of the dead were killed in new attacks and two died from wounds from earlier ones.
• 7:24
  SPEAKER_00: On Sunday, Israeli drone strikes killed five Palestinian police officers
• 7:27
  SPEAKER_00: in the El Mawasi area of Khan Yunus.
• 7:30
  SPEAKER_00: Gaza's Interior Ministry said that brings the number of police personnel killed
• 7:33
  SPEAKER_00: since the October 2025 ceasefire to 75.
• 7:37
  SPEAKER_00: Health officials said Israeli strikes killed at least four more Palestinians on Monday.
• 7:42
  SPEAKER_00: They included two killed in Khan Yunus and one in al-Musudar.
• 7:46
  SPEAKER_00: The Israeli military said it carried out two strikes targeting Palestinian militants
• 7:50
  SPEAKER_00: but gave no further information.
• 7:52
  SPEAKER_00: The ministry puts the toll since October 7,
• 7:54
  SPEAKER_00: 2023 that 74,609 killed and 175,872 injured.
• 8:01
  SPEAKER_00: It counts at least 1,593 killed and 5,748 wounded since the October 11, 2025,
• 8:07
  SPEAKER_00: the first full day of the ceasefire.
• 8:10
  SPEAKER_00: The ministry's monthly report says Israel killed 143 Palestinians and wounded 674
• 8:16
  SPEAKER_00: in Gaza in October.
• 8:18
  SPEAKER_00: Among the dead were 23 children, 11 women, And two elderly people.
• 8:24
  SPEAKER_00: In the West Bank, the Israeli army pulled back from Hebron on Monday.
• 8:27
  SPEAKER_00: An Israeli military official said the soldiers withdrew
• 8:29
  SPEAKER_00: after completing all operational activities.
• 8:32
  SPEAKER_00: The officials said counterterrorism activities throughout Judea and Samaria continued.
• 8:37
  SPEAKER_00: The operation began after an October 23 attack.
• 8:39
  SPEAKER_00: Two Palestinian gunmen hit an army checkpoint near Hebron and killed two soldiers.
• 8:44
  SPEAKER_00: By the next morning, the army had cleared the gunman's neighborhood,
• 8:46
  SPEAKER_00: displacing more than 3,000 people, according to the municipality.
• 8:50
  SPEAKER_00: Local Palestinian officials now put the number displaced over the 11-day operation
• 8:54
  SPEAKER_00: at nearly 5,000.
• 8:56
  SPEAKER_00: They say troops demolished 15 civilian buildings and disrupted schooling
• 9:00
  SPEAKER_00: for some 80,000 students.
• 9:02
  SPEAKER_00: The military officials said soldiers detained and questioned suspects
• 9:05
  SPEAKER_00: and confiscated four weapons and several vests.
• 9:08
  SPEAKER_00: Soldiers demolished the two attackers' homes and sealed an underground space next to them.
• 9:13
  SPEAKER_00: Mahanid al-Tamimi, whose house soldiers occupied from the start,
• 9:17
  SPEAKER_00: said his family came back to a trashed apartment with clothing strewn on the floors
• 9:21
  SPEAKER_00: and a child's bicycle broken.
• 9:24
  SPEAKER_00: What American readers need to know.
• 9:26
  SPEAKER_00: Gaza's health authorities say 13 people were killed in 48 hours despite
• 9:30
  SPEAKER_00: the ceasefire and at least four more on Monday.
• 9:33
  SPEAKER_00: They count 143 killed in October and at least 1,593 since the ceasefire began.
• 9:39
  SPEAKER_00: In Hebron, the Israeli army has withdrawn after an 11-day operation.
• 9:43
  SPEAKER_00: Palestinian officials say it displaced nearly 5,000 people.
• 9:51
  SPEAKER_00: Youth-led protests turned violent in several European countries over the weekend.
• 9:55
  SPEAKER_00: They included France, Germany, Switzerland, Portugal, and Albania.
• 9:59
  SPEAKER_00: About 320,000 people took to the streets in France on Saturday
• 10:02
  SPEAKER_00: by the authorities count, and unions said half a million.
• 10:06
  SPEAKER_00: It was the third straight Saturday of nationwide protests.
• 10:09
  SPEAKER_00: Some marchers wore Halloween costumes and violence broke out that evening in Paris,
• 10:13
  SPEAKER_00: Marseille, Grenoble, Bordeaux, Lyon, and Toulouse.
• 10:17
  SPEAKER_00: Mass rioters in hoods appeared after the rallies ended.
• 10:20
  SPEAKER_00: Interior Minister Nunez described the level of violence as unusually high.
• 10:24
  SPEAKER_00: The Interior Ministry said 779 people were arrested over the protest day
• 10:29
  SPEAKER_00: and Halloween night and 116 members of the security forces were injured.
• 10:33
  SPEAKER_00: The protests began weeks earlier in the overseas territories of French Guyana
• 10:37
  SPEAKER_00: and Mayotte, where schools were blockaded over a lack of resources.
• 10:40
  SPEAKER_00: On the mainland, high school students blockaded campuses from mid-September
• 10:44
  SPEAKER_00: over overcrowded classrooms, unreplaced teacher absences, and crumbling buildings.
• 10:48
  SPEAKER_00: Protesters have waved placards reading, We have a future to build, not to endure.
• 10:53
  SPEAKER_00: Teachers joined over low pay, and unions and civil servants followed.
• 10:57
  SPEAKER_00: The anger widened to the government's proposed 54 billion euro package of cuts
• 11:01
  SPEAKER_00: and tax measures for the 2027 budget, which includes civil servant salary freezes.
• 11:06
  SPEAKER_00: Macron has blamed ultra-left groups for trying to bring down the republic.
• 11:10
  SPEAKER_00: Prime Minister Sébastien Lecornu has said the anger
• 11:13
  SPEAKER_00: among young people did not come out of nowhere.
• 11:16
  SPEAKER_00: In Paris, prosecutors opened an investigation into attempted murder of officials
• 11:20
  SPEAKER_00: after incendiary material was thrown at a group of about 15 gendarmes
• 11:23
  SPEAKER_00: and police officers.
• 11:25
  SPEAKER_00: The violence and looting
• 11:28
  SPEAKER_00: In Germany,
• 11:33
  SPEAKER_00: a youth campaign called Gen Z Regelt led to protests in more
• 11:36
  SPEAKER_00: than 30 cities on Saturday.
• 11:38
  SPEAKER_00: Organizers said tens of thousands took part,
• 11:40
  SPEAKER_00: while Serbian reporting put the number at above 100,000.
• 11:44
  SPEAKER_00: Marchers demanded education, health, climate protection, and an affordable life,
• 11:48
  SPEAKER_00: and opposed any return of military conscription.
• 11:51
  SPEAKER_00: The demonstrations were largely peaceful until evening when clashes broke out
• 11:55
  SPEAKER_00: in Berlin, Cologne, and Hamburg.
• 11:57
  SPEAKER_00: Hamburg, protesters fired pyrotechnics at police, who used water cannon and tear gas.
• 12:03
  SPEAKER_00: Frankfurt was hit the worst.
• 12:04
  SPEAKER_00: Masked rioters smashed storefronts and looted goods, and some threw Molotov cocktails at police.
• 12:10
  SPEAKER_00: Roman Posick, the interior minister of the state of Hesch,
• 12:13
  SPEAKER_00: said rioters damaged 17 shops and looted five.
• 12:16
  SPEAKER_00: Looters took weapons from a gun store, and police later retrieved them.
• 12:20
  SPEAKER_00: Police arrested 54 suspects, aged 13 to 29,
• 12:23
  SPEAKER_00: and more than 100 of the 1,300 officers deployed were injured.
• 12:27
  SPEAKER_00: Gen Z Regelt issued a statement distancing itself from violence.
• 12:32
  SPEAKER_00: In Portugal, police used batons and dogs to clear protest camps.
• 12:36
  SPEAKER_00: Riot police removed protesters from Rossio Square in Lisbon at about 4.30 a.m.
• 12:40
  SPEAKER_00: on Sunday after thousands marched on Saturday over the housing crisis.
• 12:44
  SPEAKER_00: They want the minority center-right government to withdraw a bill
• 12:47
  SPEAKER_00: that would ease evictions and lift rent caps on new leases.
• 12:51
  SPEAKER_00: A smaller camp in Porto was also cleared.
• 12:53
  SPEAKER_00: In Switzerland, several hundred people gathered at unsanctioned demonstrations
• 12:57
  SPEAKER_00: in Zurich and Basel on Saturday night under the slogan,
• 13:00
  SPEAKER_00: We've Had Enough in Switzerland Too.
• 13:02
  SPEAKER_00: Organizers' online posts cited rising rents, climbing health insurance premiums,
• 13:07
  SPEAKER_00: and what they called a growing surveillance state.
• 13:09
  SPEAKER_00: Swiss law requires residents to buy health insurance, so premium increases hit every household.
• 13:14
  SPEAKER_00: The posts borrowed imagery from the burning streets of France.
• 13:17
  SPEAKER_00: Far-left groups shared the calls, as did some local chapters of youth movement Climate Strike.
• 13:22
  SPEAKER_00: Swiss public broadcasting found that the violence also drew thrill-seekers alongside
• 13:26
  SPEAKER_00: a hardline ideological core.
• 13:28
  SPEAKER_00: In Zurich, Protesters set fire to rubbish bins, e-bikes, and a car,
• 13:32
  SPEAKER_00: and police used water cannon, tear gas,
• 13:34
  SPEAKER_00: and rubber bullets against people throwing fireworks, bottles, and stones.
• 13:38
  SPEAKER_00: Police arrested two Swiss men, aged 19 and 21,
• 13:41
  SPEAKER_00: who were gathering objects at a construction site.
• 13:43
  SPEAKER_00: In Basel, about 150 people marched through the city center and set barricades
• 13:47
  SPEAKER_00: on fire, which halted public transport.
• 13:50
  SPEAKER_00: In Albania, protesters demanded the resignation of Prime Minister Idi Rama
• 13:54
  SPEAKER_00: over alleged corruption.
• 13:56
  SPEAKER_00: The protest was largely peaceful until masked protesters in Tirana threw stones
• 14:00
  SPEAKER_00: and Molotov cocktails at police.
• 14:02
  SPEAKER_00: The Interior Ministry said on Friday that 350 people had been injured
• 14:06
  SPEAKER_00: in the protests, 200 of them police officers, and that 269 minors had been arrested.
• 14:11
  SPEAKER_00: In Italy, a 24-hour general strike called by the USB Union on Friday drew tens
• 14:16
  SPEAKER_00: of thousands of students and workers in more than 40 cities.
• 14:19
  SPEAKER_00: They demanded higher wages and better public services and opposed military spending.
• 14:25
  SPEAKER_00: The protests were largely peaceful, although police used a water cannon in Turin.
• 14:29
  SPEAKER_00: In Rome, a group tried to march on Parliament,
• 14:31
  SPEAKER_00: and Italian media reported that police used a water cannon
• 14:33
  SPEAKER_00: and detained eight people.
• 14:35
  SPEAKER_00: About 15,000 port workers, students,
• 14:37
  SPEAKER_00: and others entered the port of Genoa in protest against arm shipments.
• 14:42
  SPEAKER_00: But American readers need to know.
• 14:44
  SPEAKER_00: Protests over living costs and public services hit six European countries
• 14:47
  SPEAKER_00: from Friday through Sunday.
• 14:49
  SPEAKER_00: About 320,000 people marched in France where 779 were arrested
• 14:53
  SPEAKER_00: and prosecutors opened an attempted murder inquiry.
• 14:56
  SPEAKER_00: In Germany, youth protesters demanded unaffordable life and opposed any return
• 15:00
  SPEAKER_00: to military conscription when Frankfurt saw looting.
• 15:03
  SPEAKER_00: Switzerland's smaller riots were driven by rents and health insurance costs.
• 15:09
  SPEAKER_00: FBI Blames North Korea The FBI said North Korean actors are laundering assets stolen
• 15:15
  SPEAKER_00: from the cryptocurrency exchange Binance in what researchers call
• 15:18
  SPEAKER_00: the largest crypto theft on record.
• 15:21
  SPEAKER_00: Blockchain analysis firm TRM Labs estimated that hackers moved $6.36 billion out
• 15:27
  SPEAKER_00: of Binance wallets on Thursday, most of it in about 20 minutes.
• 15:31
  SPEAKER_00: That is more than four times the $1.5 billion taken from the exchange Bybit in February 2025.
• 15:38
  SPEAKER_00: Binance co-CEO Richard Teng called it a complex attack involving
• 15:42
  SPEAKER_00: a compromised laptop and malicious software designed to delete evidence
• 15:45
  SPEAKER_00: of its activities.
• 15:47
  SPEAKER_00: Binance's preliminary investigation suggests the breach began
• 15:50
  SPEAKER_00: with a compromised laptop belonging to an engineer.
• 15:52
  SPEAKER_00: The attacker then accessed an internal service and submitted withdrawals without authorization.
• 15:57
  SPEAKER_00: The FBI said in a statement on Saturday that it blames the operation
• 16:00
  SPEAKER_00: on a group called Traitor Traitor.
• 16:02
  SPEAKER_00: That's Traitor with a D, Traitor.
• 16:07
  SPEAKER_00: The same group it blamed for the Bybit theft.
• 16:09
  SPEAKER_00: Trader Trader is also known as the Lazarus Group.
• 16:12
  SPEAKER_00: The FBI said North Korean actors were observed converting
• 16:15
  SPEAKER_00: the stolen assets primarily into Ethereum and that the assets are expected
• 16:19
  SPEAKER_00: to be further laundered in stages.
• 16:21
  SPEAKER_00: It published a list of addresses to watch and asked crypto service providers
• 16:25
  SPEAKER_00: to block transactions involving them.
• 16:27
  SPEAKER_00: Alex Zebrick, a senior manager at analysis firm Chain Analysis,
• 16:31
  SPEAKER_00: said the attackers are spreading the funds across thousands of addresses
• 16:34
  SPEAKER_00: and the laundering is still very active.
• 16:37
  SPEAKER_00: Tom Robinson, a chief scientist at the analysis firm Elliptic,
• 16:40
  SPEAKER_00: said about $3.24 billion remains in addresses linked to the hack.
• 16:45
  SPEAKER_00: He said funds that have not moved are very likely still held by North Korea.
• 16:49
  SPEAKER_00: Binance reopened on Sunday after suspending all transactions.
• 16:53
  SPEAKER_00: Customers withdrew $4.649 billion between 6 a.m. and 3.30 p.m.
• 16:58
  SPEAKER_00: Greenwich Mean Time and deposited $1.01 billion,
• 17:03
  SPEAKER_00: a net outflow of $3.64 billion.
• 17:06
  SPEAKER_00: Binance says that's just over 2% of the $171 billion in assets it manages.
• 17:12
  SPEAKER_00: Withdrawals of more than two dozen major cryptocurrencies,
• 17:15
  SPEAKER_00: including Bitcoin and Ethereum, have resumed,
• 17:18
  SPEAKER_00: and Binance says more services will return
• 17:20
  SPEAKER_00: in phases once security checks are finished.
• 17:23
  SPEAKER_00: Binance says it has covered about 95% of the stolen assets
• 17:26
  SPEAKER_00: and that the rest is made up of less liquid tokens that may take longer to buy.
• 17:30
  SPEAKER_00: The money came from a $1 billion reserve fund for users,
• 17:33
  SPEAKER_00: part of its futures insurance fund and its corporate treasury.
• 17:36
  SPEAKER_00: Binance has said it, not users, will absorb the loss.
• 17:40
  SPEAKER_00: The hack hit Binance.com, the global exchange, and its U.S. platform says it was not affected.
• 17:47
  SPEAKER_00: What American readers need to know.
• 17:48
  SPEAKER_00: Hackers took about $6.3 billion from Binance on Thursday in the largest crypto theft on record.
• 17:54
  SPEAKER_00: The FBI blames the North Korean group TraderTrader and says the money is being laundered.
• 17:59
  SPEAKER_00: Binance reopened on Sunday, and its customers pulled out a net of $3.64 billion.
• 18:04
  SPEAKER_00: The exchange says it has covered about 95% of the loss, and its U.S. platform was not affected.
• 18:11
  SPEAKER_00: That's it for this evening's edition of The Rest of the World Report.
• 18:14
  SPEAKER_00: I'm Rudy Martinez.
• 18:15
  SPEAKER_00: Thank you so much for listening, and I will see you all again in the morning.